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Cricut(CRCT) - 2021 Q3 - Earnings Call Presentation

Financial Performance - Revenue reached $260.1 million, a 24.4% year-over-year increase[6] - Net income was $30.0 million, resulting in an 11.5% net income margin[6] - EBITDA was $42.7 million, representing a 16.4% EBITDA margin[6] User Growth - Total users exceeded 5.7 million, a 55.7% year-over-year growth[7] - Engaged users surpassed 3.2 million, a 37.4% year-over-year growth[7] - Paid subscribers exceeded 1.8 million, a 55.8% year-over-year growth[7] Revenue Breakdown - Connected machine revenue grew 35.7% year-over-year[21] - Subscription revenue grew 70.8% year-over-year[21] - Accessories & Materials revenue grew 2.0% year-over-year[21] - International revenue grew 109.7% year-over-year and represented 12.0% of total revenue[17, 21] User Monetization - Subscription ARPU (Average Revenue Per User) increased to $9.60[25] - Accessories & Materials ARPU increased to $18.79[25] Investments - Increased investments in software, subscriptions, new product development, and international expansion to drive future growth[6]